Friday Brief Intro 10/03/2023

Good afternoon and welcome to this week’s Friday Brief. We hope you have all had a good week despite the wet and snowy weather.

To kick things off we would like to welcome the newest MTA Member that went live this week. Pearson Spares & Services LTD have joined us this week. Read a little bit about them in their story below.

A summary of the stunning expert insights from Siemens’ Transform 2022 event in Manchester Central has been released. Download their full report through the link in the story below.

Irwin Mitchell are delighted to invite you to their upcoming free webinar where they’ll share the latest updates on immigration issues faced by today’s businesses. They’ll talk about the key issues and share practical solutions for the current challenges you face and take the time to answer any of your questions. Take a look at the details in their story and find a link to register for the webinar.

With agile work behaviours here to stay and a post-pandemic shift in customers’ communication expectations – Moneypenny is helping manufacturing businesses outsource the management of their incoming calls so that they can reduce costs, free-up in house staff, deliver greater efficiencies and improve the caller experience. Moneypenny’s head of corporate sector Jess Pritchard shares 7 benefits to help even the most nervous first-time outsourcer. Find the article below.

The MTC has offered 20% discount on their training courses to MTA members. In the story below you can find a schedule of all their course dates, make sure to check it out.

It has been a busy morning for economic news with the release of the monthly GDP and manufacturing output data for January. In our UK economic news article, we reflect on a mixed picture with the economy recovering some of the ground it lost in December but, thanks to continuing industrial disputes in some sectors, not all of it. However, manufacturing output fell both in the month-on-month trend and when looking at rolling 3-month periods and we explore the latest data in the article below.

Our other economic news article covers Europe where we examine the revised GDP data from Eurostat which suggests that the EU is right on the cusp of being in recession with the latest estimate suggesting a marginal fall in the 4th quarter of 2022. The other item in this article is a look at the European Commissions’ Economic Sentiment Indicator; this had been improving around the turn of the year, but the February reading suggests that has paused, in part because of a dip in industry confidence.

Finally, the February edition of the MTA Business Survey is still open for your input and you can find the online form at www.mta.org.uk/mta-business-survey-feb23. We are hoping to get this completed towards the end of next week so, with thanks to those who have already replied, we hope that you can all spare a couple of minutes to let us have your input as we build the picture of activity levels across the manufacturing technology spectrum.

That concludes the Friday Brief for this week. We hope you all have a great weekend!

ECONOMIC NEWS – EUROPE

European GDP, 4th Quarter and 2022: With more data having become available, Eurostat has published an update which, although only minor, is significant. The previous estimate had GDP growing by +0.1% in both the EU and the sub-set of the Euro-zone but these have now been revised down to a decline of -0.1% for the […]

ECONOMIC NEWS – UK

UK Manufacturing Output , January 2023: Data published this morning by the Office for National Statistics (ONS) shows that manufacturing output fell by -0.4% compared to December 2022 and in the latest three months (November and December 2022 and January 2023) output was -0.2% lower than in the previous period (August, September and October 2022) […]

MTC offer discounted training for MTA Members

The MTC has offered 20% discount on their training courses to MTA members. Course details and dates are listed below, for further details please contact Danny Reed- [email protected] 07926 581669.

AN INTRODUCTION TO MONEYPENNY AND THE BENEFITS OF OUTSOURCING

As the UK’s leading provider of outsourced switchboard services, Moneypenny is trusted by thousands of businesses to improve customer service and deliver operational cost efficiencies. Thanks to its flexible and scalable offering, Moneypenny’s outsourced switchboard expertise has been celebrated widely for giving manufacturers the operational agility, responsiveness and professionalism required in an increasingly 24/7 age. […]

Irwin Mitchell – Immigration Challenges In The Current Climate

Wednesday 29 March 2023 10:00am – 11:00am We’re delighted to invite you to our upcoming free webinar where we’ll share the latest updates on immigration issues faced by today’s businesses. We’ll talk about the key issues and share practical solutions for the current challenges you face and take the time to answer any of your […]

SIEMENS UK AND IRELAND – Brand-new report: The Digital Transformation Imperative, available now!

A summary of the stunning expert insights from Siemens’ Transform 2022 event in Manchester Central. In 2022, we brought together over 2000 British and Irish technology thought leaders to explore digital and sustainable transformation in Manchester Central. The Digital Transformation Imperative is a summary of the stunning insights gained from experts at Siemens, Jaguar Land […]

Friday Brief